PEK 0.00% 18.5¢ peak rare earths limited

Pek, page-36

  1. 274 Posts.
    lightbulb Created with Sketch. 155
    Nice. So there market cap went from $50m in 2006 to what, $3B in 2012? Monstrous amount of cash raised along the way. Final capex was $1.5-$2B i believe.

    PEK could quite easily get to $1b in 2021 given that their capex is only US$350m and will get equivalent sweetheart deal from the UK govt.

    PEK biggest issue will be LYC or someone else making a cheeky offer post an SML on the cheap.

    PM8 is a great comp for PEK now as their market cap is $500m and post an SML will be years behind in dev compared with PEK. Their deposit noway near as good either.
 
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